Tag Archives: Crude Oil
FX Daily
Market movers today * We have a nervous day ahead of us with the ‘soft’ deadline for raising the debt ceiling set to be midnight in the US.
FX Daily
Market movers today * It now looks as if there will be a bi-partisan deal later today in the US Senate,
AUD is bid and GBP & JPY are offered in low volatility markets
EUR/USD: Intraday attempts higher within the range of late keep beingresponded to. Yesterday was no exception. Outside recent1.3485\1.3607 spikes is required to make any kind ofdirectional assumptions.
FX Daily
* The main market driver continues to be the US debt ceiling talks, which are likely to continue to create market volatility until a deal is struck.
Another congestion day. Weaker JPY.
EUR/USD: Last week became the second week in a row that the marketspiked above 1.3569 hence repeating the weekly up-thrusttop pattern.
FX Daily
Market movers today *In the US the House is expected either today or Saturday to vote on a bill that will temporarily increase the
Strong signs of more sek weakness going forward
EUR/USD: The market failed to make the outlined 1.3462 test (andbreak) and instead, after an early and failed attempt tobreak 1.3485, bounced back mid range.
Sell GBP and CAD. USD/NOK bull flag ready to go
EUR/USD: So far the market is following the textbook step by step.False range breaks (last week ended with an up thrust peakabove 1.3569) have a strong tendency of
FX Daily
Market movers today * President Barack Obama has scheduled meetings with House Republicans in a first sign of easing the logjam.
JPY, CAD, SEK & EM (ZAR & TRY weakness)
EUR/USD: There is a near-term tilt to the downside which would grow in strength on a move below 1.3538. But so far sellers lack the impetus to exit lower in line with the most recent benchmark candle.
FX Daily
Market movers today * In the US an agreement on increasing the debt ceiling does not appear to be imminent.
FX Daily
Market movers today * Focus in the market will continue to be on political developments in the US although a decisive breakthrough in the political wrangling does not appear to be imminent.